The Verizon Class Action Settlement amount of $50 has begun to be distributed among the affected customers by 6th January, 2025. The eligible claimants who filed the claim for settlement before 15 April 2024 to receive the $50 compensation amount can expect their payment, soon in January.
Verizon Class Action Settlement 2025
Verizon is a giant telecommunication company of the United States of America. However, Verizon was alleged for misleading its customers by asking them to pay administrative charges. The giant company was caught advertising their telecommunication services in a fraudulent manner as they didn’t mention the administrative costs in their plan.
So, the angry customers filed a class action lawsuit against the Verizon company, as they were forced to pay higher costs for their wireless monthly plans that included the administrative charges.
Verizon Class Action Lawsuit 2025
Verizon class action settlement allocate towards the claims related to Verizon’s administrative fees on post-paid wireless plans. When customers filed their class action lawsuit then US officials thoroughly investigated the case and found the customers right in their aspects.
However, Verizon denied all the claims by claiming that they have all the rights to increase the charges. But after continuous operations by US officials and court, Verizon agreed to compensate the law action with a $100 settlement amount in which the affected customers may receive up to $50 to compensate their losses.
Verizon Lawsuit Settlement 2025 Overview
| Company Involved | Verizon |
| Settlement Amount | $100 million |
| Eligibility Period | Jan 1, 2016 – Nov 8, 2023 |
| Settlement Finalized Date | March 2024 |
| Appeals Withdrawn Date | September 20, 2024 |
| Max Payout per Person | $50 |
| Base Claim Amount | $15 |
| Additional Payout | $1/month with fee |
| Claim Deadline | April 15, 2024 |
| Payment Method | Check or Electronic Deposit (Venmo, Zelle, PayPal, etc.) |
| Category | Government Aid |
Eligibility criteria to receive the compensation amount under Verizon class action settlement 2025
The court along with the US officials have decided to distribute the compensation amount only among the eligible candidates. Here are some eligibility criteria that a claimant needs to pass to be eligible for the compensation amount:
- The claimant should be a valid resident of the United States of America.
- The claimant must have bought postpaid wireless plans, including the administrative charges during 1st January, 2016 and 8th November 2023.
- The claimant must have filed the claim before the deadline and should have sufficient proofs to verify their losses due to Verizon company.
- The claimant who withdrew their claim before the deadline of 20th February 2024, won’t be able to receive the settlement amount.
When will the Verizon settlement amount be distributed among the customers?
The official authorities had asked the customers to file a claim mentioning their losses before 15th April, 2024 in order to receive their compensation amount. The court had already approved the settlement program in March 2024 but it was paused due to the appeal against the settlement.
Latest news says that all the appeals were withdrawn on 20th September, 2024 and now the settlement administrators are ready to distribute the compensation amount among the affected customers by January 2025 in which each affected customer can expect up to $50 according to their losses.
Verizon Class Action Payment amount 2025
The settlement was finalized by the court in March 2024 but was pending in its approval due to some appeals from the opponent side. But as of now, everything is cleared and the authorities are ready to distribute the compensation amount among the affected customers, measuring their losses.
The law action was finalized by a settlement of 100$ million in which some part of amount will be required for official works and some amount will be distributed among the customers in which customers can expect up to $50 compensation amount varying according to their losses.
Precisely, a minimal payment of 15 dollars and an extra 1 dollar will be provided to the customers for the fees paid in each month during the class period.
Modes of payment for Verizon class action payment
The claimants can use Venmo, Zelle, Paypal, Physical check, and Virtual Prepaid Card to receive their compensation amount. However, the claimants choosing electronic mode of payment can expect faster delivery of compensation amount as compared to those who are opting for physical checks.
FAQs
When will the affected customers receive the Verizon class action settlement amount?
The Verizon class action settlement amount will be distributed among the affected customers in January 2025.
How much compensation amount may I expect as a claimant customer?
The claimants can receive up to $50 as the compensation amount according to their losses due to Verizon’s recharge plans.
When was the last date to file a claim for Verizon class action settlement?
The claimants were eligible to file a claim for Verizon class action settlement till 15th April 2024.